BioChem Solutions, “INC” (“the Company” ) is a Florida company that provides treatment technologies for viral, fungal, bacterial and protozoal diseases and health conditions, particularly HIV/AIDS and Rheumatoid Arthritis, based on a patented technology invented by James Herman, BS Chemistry.
The Company’s lead therapeutics are Alphamir TM, as a prescription-only medicine to combat HIV/AIDS, and ArthromirTM for Rheumatoid Arthritis. Both of these inventions utilize Trioxolane derivatives that, upon introduction to the body’s aqueous ambience, reduce and produce high-energy oxygen metabolites within the blood stream as well as activate certain receptor cells in the oropharyngeal cavity. These receptor cells cause the body to produce CD4 cells that are the precursor cells to the evolvement of lymphocytes, and thereby modulate the natural immune process in the body.
On May 24th, 2001, the Company received provisional two-year registrations for use of AlphamirTM as a prescription-only medicine to combat HIV/AIDS and for ArthromirTM for Rheumatoid Arthritis. The two-year registrations are renewed in five-year intervals. These approvals came after completing clinical trials at the Kenya Medical Research Institute. BioChem Solutions has provided updated clinical data to the Pharmacy Poisons Board at the one-year anniversary in May 2002. These approvals allow the resultant medicines to be used as ethical drugs in 21 sub-Saharan African countries that are members of the East African Medical Conference.
On June 24, 2006 BioChem incorporate Molecular Technologies Ltd. Nairobi Africa, a wholly owned subsidiary. On June 27, 2006 the Pharmacy Poisons Board granted Molecular Technologies Ltd. an extension of the provisional registration to allow BioChem to carryout the phase III clinical trials of its product at the Kenya Medical Research Institute.
1) administer a low-cost self-testing procedure which we will co-market;
2) treat infected HIV/AIDS population with Alphamir; and
3) administer a vaginal gel for the prevention of transmission which we are developing.
The demand for the use of this treatment strategy is great enough to support incrementally larger requirements of funding. At this time, we are actively pursuing funds for Phase III clinical trials, to execute this treatment strategy, and manufacture and distribute the products. It should be noted that the best scientific evidence supports the fact that viral strains cannot develop resistance to Alphamir TM and this represents a major breakthrough in the ability to effectively control the AIDS pandemic.
IT is taking an integrated approach with a cost effective treatment program. Estimates to treat the current 42 million plus infected people range from approximately $316 to $3,325 per year using presently available Highly Active Antiretroviral Treatment (HAART). In addition, the cost of the medical infrastructure for distribution, monitoring and training necessary for use of these treatment programs is prohibitive throughout Africa. IT is launching Alphamir TM with a cost of $205 per year per patient for an orally prescribed medication not requiring water to swallow. Efforts are being made to bring those costs down substantially for Third World countries. The dosage of 100 mg, 4 times a day (10 drops/25 mg under the tongue 4 times) is expected to be available in tablet form that melts in the mouth without water.
The Company’s proprietary technology is unique and is closely guarded. The technology is protected by existing and future pending patents. The process and use of Trioxolane is patented in the U.S.A., Mexico, and Canada. Its use will offer the production of ethical drugs that will be further tested in clinical trials for the treatment of viral, bacterial, and fungal diseases. Subsequent patents are to be issued and will cover our invention internationally.